LeBron James and Lakers agree to up to $ 85 million 2-year contract extension | Launderer report

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Los Angeles Lakers forward LeBron James chats with guard Kentavious Caldwell-Pope during the first half of Game 5 of the NBA Basketball Finals against the Miami Heat on Friday October 9, 2020 at Lake Buena Vista, Fla. (AP Photo / Mark J. Terrill)

Mark J. Terrill / Associated Press

LeBron James has agreed to $ 85 million two-year extension with Los Angeles Lakers, Agent Rich Paul said Shams Charania of the Athletic and the Stadium.

James is under contract for this season at $ 39.2 million. He had a player option for the 2021-22 season at $ 41.0 million, however Charaniah noted that this expansion will run during the 2022-23 season, replacing this player option and giving it a slight increase.

This article will be updated to provide more information on this story as it becomes available.

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